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Abstract:In the previous articles, we mentioned that Bullet Global Investment(BGI) is a forex broker that currently has a big problem. As we know so far, it is a scam broker. Until now, the victims can not get their money back. Therefore, in this article, we take you through the ins and outs of the fraud case of BGI so that you are able to have a clear understanding of BGI.
About WikiFX
WikiFX is an authoritative global inquiry platform providing basic information inquiry and regulatory license inquiry. |
WikiFX can evaluate the safety and reliability of more than 36,000 global forex brokers. |
WikiFX gives you a huge advantage while seeking the best forex brokers. For more information, such as the review and exposure of brokers, please visit our website (https://www.WikiFX.com/en) |
About Bullet Global Investment Ltd.(BGI)
Bullet Global Investment Ltd is an online forex broker. It is a newly established broker registered in the United States. According to WikiFX, this broker is not regulated. It does not hold a legitimate license. WikiFX has marked it as a “No License” broker. 1.35/10 has been given to Bullet Global by WikiFX, which is a warning that investing in this kind of broker is risky for your assets.
Timeline of the issue
August 24, 2022
Bullet Global sent a wrong signal that caused a large number of investors' accounts to be blown. Many investors' accounts were directly wiped out, and the capital inside went forever.
WikiFX has received many complaints from victims. You can check the article via the link if you are curious about the cases.
https://www.wikifx.com/en/newsdetail/202208316934568856.html
August 25, 2022
BGI released a statement after realizing the seriousness of the problem. In its statement, Bullet Global blames “third parties” for the loss of traders. Bullet Global itself refuses to take any responsibility for the issue.
One victim, call Earl, told WikiFX that his account in Bullet Global Limited has been blown. and he suspects this broker was manipulating the trading process. He suffers a heavy loss because Bullet Global sent the wrong signal. We will show you the specifics in the next coming article.
August 27, 2022
Instead of converging, Bullet Global has opened a new chatting group. It seems to want to keep scamming more users. If you want to know more about this, be sure to read this article by clicking the link below.
https://www.wikifx.com/en/newsdetail/202209012824437492.html
Conclusion
Given the actions of BGI in recent days, it is reasonable to believe that this broker is systematically defrauding investors' money. We suspect that they did this by providing wrong signals and manipulating the trading process. We warn traders to be careful of the potential risks. It is clear that this broker does not want traders to successfully withdraw their money.
WikiFX is actively reaching out to the victim and other traders hoping to find more evidence to help him resolve the problem. Please stay tuned for more information.
WikiFX will keep track of developments, providing instant updates on individual traders and helping investors avoid unscrupulous brokers. If you want to know whether a broker is safe or not, be sure to open WikiFXs official website or download the WikiFX APP to evaluate the safety and reliability of this broker!
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
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